This paper examines the impact of cross-ownership on the strategic incentive of environmental corporate social responsibility (ECSR) within a green managerial delegation contract in a triopoly market engaged in price competition. It demonstrates that bilateral cross-ownership between insiders...

This study investigates environmental R&D (ER&D) risk choice by polluting duopoly firms under environmental corporate social responsibility (ECSR) guideline. We show that the ER&D risk level under cooperative ER&D is always higher than under non-cooperative ER&D, resulting in a higher expected...